E*TRADE Announces Acquisition of OptionsHouse

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Nomura Securities Reiterates Buy on E*TRADE Financial (ETFC) Following Announced Acquisition of Aperture New Holdings

July 26, 2016 9:04 AM EDT

Nomura Securities reiterated a Buy rating and $32.00 price target on E*TRADE (NASDAQ: ETFC) following the company's announcement that it will acquire Aperture New Holdings. Despite the accretion guidance, ETFC shares underperformed on the deal announcement, with investors citing share repurchase delays,... More